Ivanhoe Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Capital investment Annual net income: Year 1 2 (a) 3 4 5 Total Click here to view PV table. Your Answer Project Bono $171,200 Project Bono 14,980 Project Edge 14,980 14,980 14,980 14,980 $74,900 Your answer is correct. Correct Answer Project Edge Project Clayton $187,250 $206,000 19,260 18,190 3.48 17,120 Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) 12,840 9,630 $77,040 28,890 years 24,610 3.40 years 22,470 Compute the cash payback period for each project. (Round answers to 2 decimal places, e.g. 10.50.) 13,910 12,840 $102,720

Ivanhoe Company is considering three long-term capital investment proposals. Each investment has a useful life of 5 years. Relevant data on each project are as follows. Depreciation is computed by the straight-line method with no salvage value. The company's cost of capital is 15%. (Assume that cash flows occur evenly throughout the year.) Clickhere to view Pr table. (a) Your answer is correct. Compute the cash payback period for each projoct. (Round answers to 2 decimal places, es, 10.50.) Compute the net present value for each project. (Round answers to 0 decimal places, es. 125. If the net present value is negative, use either a negotive sign preceding the number eg -45 or porentheses eg (45). For calculation purposes, ase 5 decimal places as displayed in the factor table provided.] (c) The parts of this question must be concleted in order, This part will be availsble when vou complete the part above